Cryptocurrency Q&A Why was a 1936 Canadian coin downgraded?

Why was a 1936 Canadian coin downgraded?

JejuSunshine JejuSunshine Thu Nov 14 2024 | 7 answers 1282
I have a 1936 Canadian coin that was recently downgraded. I'm curious to know the reason behind this downgrade. What could have caused my coin to lose its value or grade? Why was a 1936 Canadian coin downgraded?

7 answers

CryptoLegend CryptoLegend Sat Nov 16 2024
The coin in question underwent a downgrade due to the removal of a delicate layer of lacquer, causing it to dip in value.

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EtherealVoyager EtherealVoyager Sat Nov 16 2024
The Canadian 1936 Dot specimen set is a unique collection that holds a special place in numismatics.

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CryptoNerd CryptoNerd Sat Nov 16 2024
Determining the value of a Canadian coin involves a multi-faceted approach.

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EthereumEliteGuard EthereumEliteGuard Fri Nov 15 2024
Quality and wear are crucial factors in assessing the worth of a coin. A well-preserved coin will fetch a higher price than one that has been heavily circulated.

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Martina Martina Fri Nov 15 2024
Supply and demand also play a significant role in the pricing of coins. Rare coins, with limited availability, command higher prices in the market.

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